Beneficient (BENFW) EBITDA (2021 - 2025)
Beneficient's (BENFW) quarterly EBITDA came in at $19.9 million in Q4 2025, up 327.34% year-on-year from $4.7 million in Q4 2024, and up 662.99% quarter-over-quarter from -$3.5 million in Q3 2025.
Beneficient (BENFW) EBITDA (2021 - 2025) Analysis & Trends
Beneficient has disclosed EBITDA across 5 years of filings, most recently posting $19.9 million for Q4 2025.
- EBITDA for Q4 2025 came in at $19.9 million, up 327.34% year-over-year; the trailing twelve-month figure through Dec 2025 was -$49.6 million (down 381.04% YoY), and the FY2025 annual result was $50.9 million, up 102.43% from the prior year.
- EBITDA came in at $19.9 million for Q4 2025 at Beneficient, up from -$3.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $47.6 million in Q2 2024 to a low of -$1.1 billion in Q2 2023.
- The 5-year median for EBITDA is -$7.8 million (2021), against an average of -$154.0 million.
- Across the five-year window, EBITDA sank 7103.41% in 2023 and soared 327.34% in 2025, its largest moves.
- Beneficient's EBITDA stood at -$6.8 million in 2021, then increased by 24.04% to -$5.2 million in 2022, then slumped by 10402.03% to -$542.1 million in 2023, then jumped by 98.38% to -$8.8 million in 2024, then surged by 327.34% to $19.9 million in 2025.
- The last three EBITDA figures came in at $19.9 million (Q4 2025), -$3.5 million (Q3 2025), and -$65.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 1.59 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.79 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 2.28 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 524.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 363.68 Mn |
| 10 | Beneficient | - | - | - | 19.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19.91 Mn |
| Sep 30, 2025 | -3.54 Mn |
| Jun 30, 2025 | -65.08 Mn |
| Mar 31, 2025 | -943,000.00 |
| Dec 31, 2024 | -8.76 Mn |
| Sep 30, 2024 | 12.94 Mn |
| Jun 30, 2024 | 47.65 Mn |
| Mar 31, 2024 | -62.15 Mn |
| Dec 31, 2023 | -542.12 Mn |
| Sep 30, 2023 | -371.84 Mn |
| Jun 30, 2023 | -1.12 Bn |
| Sep 30, 2022 | -5.16 Mn |
| Jun 30, 2022 | -53.97 Mn |
| Mar 31, 2021 | -6.80 Mn |